My picks:
Expertise:
Average Time Frame of Trades:
All that I am involved with right now is the EURJPY short trade from yesterday. There is no mistaking the clean 5 wave decline in the EURJPY from 137.40 to 124.40. Also, the rallies from 124.40 and 127.00 are both 3 wave affairs (corrective), which further bolster the bearish implications from the 5 wave drop. If not already short, then consider taking action with a stop at 137.50. The minimum target is below 124.40.
